The Indian government has reaffirmed its stance to keep the minimum pension at ₹1,000 under EPS-95, despite ongoing demands and Supreme Court rulings favouring an increase to ₹7,500, citing scheme sustainability concerns. India’s government has not announced any increase in…
The Reserve Bank of India has unveiled comprehensive reforms to regulate loan recovery practices, imposing stricter limits on recovery agents and enhancing borrower protections amid concerns over harassment and abuse in debt collection. India’s central bank has set out some…
Indian banks are enhancing their loan monitoring systems by integrating financial, operational, and behavioural indicators to identify stress early, aligning with RBI reforms to prevent NPAs and strengthen credit risk management. Early warning signals have become a central part of…
India’s parliamentary finance committee has recommended implementing a tiered merchant discount rate for large digital transactions, challenging the longstanding zero-charge model of the UPI system amid mounting infrastructure costs and policy debates. India’s parliamentary finance committee has urged the government…
Variable expenses, the flexible part of a budget, can both unlock savings and cause overspending. Mastering their control through strategic review and smart categorisation is key to financial resilience. Variable expenses are the part of a budget that refuse to…
Discover the common habits that keep the middle class financially stagnant and learn practical strategies to overcome them, transforming financial future prospects.
Scammers increasingly exploit personal data shared online to manipulate targets with believable stories, employing pressure tactics to prompt urgent responses and ransom demands. Scammers are increasingly building their pitches from the digital crumbs people leave behind, using public profiles, photos…
First-time homebuyers in Navi Mumbai need to grasp the nuanced factors influencing their borrowing capacity, from income and existing commitments to property and deposit considerations, amid a complex lending landscape. Home-loan eligibility is one of the first numbers first-time buyers…
With credit card interest rates reaching an average of 21.52%, borrowers are increasingly turning to personal loans as a cost-effective alternative, provided they avoid accumulating new debt. Carrying a balance on a credit card can quickly become expensive, with the…
As households turn to impulse buying during the festive period, numerous direct-to-consumer brands are leveraging quick commerce platforms to test new products, expand assortments, and accelerate growth, transforming fast delivery into a hub for innovation and market entry. As the…
